ACN 0.00% 28.5¢ acer energy limited

Most probably over 60% after today.If DLS fall back to $1.50...

  1. 4,860 Posts.
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    Most probably over 60% after today.

    If DLS fall back to $1.50 then I would think that this was an opportunity to get out of ACN and into DLS.

    What's in a name you will still be in effect owners of exactly the same ground plus some, with the same benefits. Same meat different gravy.

    I don't think DLS has done anything bad here and in the end people may be right SXY may come in and (unlikely) attempt to buy DLS. If they have $3.00 I would be prepared to sell but I don't think SXY have the cash to splash without going massively into debt or seriously diluting the share base already at 1billion+. Especially considering that DB have valued DLS at $2.10 before the TO.

    I understand peoples feelings on this but it's an unfortunate fact of share ownership that this happens. It's happened to lots of us over the years where the minority cop it in the neck we whinge and life goes on.

    Cheers
    BW
 
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